Radical Uncertainty - Decision-making for an Unknowable Future

Radical Uncertainty - Decision-making for an Unknowable Future
By Mervyn King

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Radical Uncertainty - Decision-making for an Unknowable Future

Radical Uncertainty - Decision-making for an Unknowable Future

Rs.3,295.00 Rs.2,965.50
Radical Uncertainty - Decision-making for an Unknowable Future

Radical Uncertainty - Decision-making for an Unknowable Future

Rs.3,295.00 Rs.2,965.50
Product Details  
Publishing Date: 09/02/2021
ISBN : 9780349143996
Number of pages:560
Format :
Genre:
Product Description  

A brilliant new book'Daily Telegraph'Well written . . . and often entertaining'The Times'A sparkling analysis'ProspectWhen uncertainty is all around us, and the facts are not clear, how can we make good decisions?We do not know what the future will hold, particularly in the midst of a crisis, but we must make decisions anyway. We regularly crave certainties which cannot exist and invent knowledge we cannot have, forgetting that humans are successful because we have adapted to an environment that we understand only imperfectly. Throughout history we have developed a variety of ways of coping with the radical uncertainty that defines our lives.This incisive and eye-opening book draws on biography, history, mathematics, economics and philosophy to highlight the most successful - and most short-sighted - methods of dealing with an unknowable future. Ultimately, the authors argue, the prevalent method of our age falls short, giving us a false understanding of our power to make predictions, leading to many of the problems we experience today.Tightly argued, provocative and written with wit and flair,and Radical Uncertaintyand is at once an exploration of the limits of numbers and a celebration o

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